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World Economic Forum Annual Meeting 2024

The CME, Wale Edun joined world leaders for the @worldeconomicforum annual meetings in Davos to discuss the global economic outlook. Nigeria plays a critical role in the context of geopolitics, international trade and energy security.

HM Edun engaged in extensive dialogue with several leaders from across the globe, covering Nigeria’s strategies for enhancing macroeconomic stability and investments- domestic and foreign, as well as funding for Nigeria’s energy transition #wef24

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CME Meets Kaduna Governor

yesterday, Honourable Minister Wale Edun met with His Excellency, Senator Uba Sani, Governor of Kaduna State. Together, they expressed sympathy for those affected by the unfortunate Tudun Biri drone misfire and discussed comprehensive rebuilding efforts in the community.

The meeting also covered enhancing support for out-of-school children, Kaduna State’s funding and investment drive, alongside other initiatives, especially in the area of human capital development.

The Ministry of Finance remains dedicated to supporting these important recovery and developmental efforts

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CME Inaugurates Customs Board

Yesterday, HM Wale Edun, Minister of Finance and Coordinating Minister for the Economy, and Chairman of the Governing Board of the Nigeria Customs Service (NCS), inaugurated the Nigeria Customs Service Board (NCSB) at NCS HQ in Abuja.

This key milestone enhances governance and strengthens the NCS’s role in trade facilitation, revenue generation, and anti-smuggling.

The Minister extends his best wishes to the board and leadership of the Customs Service in their vital role in advancing Nigeria’s economy.

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CME Tours Gateway Agro-Cargo Airport

On Friday morning The Honourable Minister, Wale Edun embarked on a tour of the ongoing Gateway International Agro-Cargo Airport, courtesy of the Ogun State Governor, His Excellency Prince Dr. Dapo Abiodun.

Speaking to the media, the Minister said: “I congratulate the governor and the people of Ogun State on what has been achieved so far but more importantly, we look forward to the end result which is the creation of jobs, increased production, increased opportunities for farmers to produce and sell their products at a good price and in good time without any of the usual post harvest loss on transit that one gets from agricultural products. The airport is good for the economy of Ogun State and Nigeria.”

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CME Unveils VREG

Today, Hon. Minister Wale Edun unveiled the National Vehicle Registry (VReG), a landmark initiative in Nigeria’s journey towards economic stabilisation. This platform marks a pivotal shift in using technology for efficient revenue collection and enhancing public services.
 
VReG is set to bridge critical gaps in vehicle information, linking to global databases for seamless international connectivity. This move is not just about revenue—it’s about strengthening law enforcement and trade facilitation. #techforgovernance

The focus is clear: Digitalisation is key. From AI to data connectivity, these tools are our future for boosting revenue and policy making.

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CME Discusses Sustainable Finance at SEC Roundtable

Earlier today at the SEC’s round table on Non-Interest Capital Market, HM Wale Edun discussed innovative non-debt solutions like equity and non-interest finance to address global challenges like climate change. #SustainableFinance

Emphasising green finance, he aligned with President Tinubu’s vision for inclusive growth, spotlighting important initiatives and opportunities in afforestation and EV production. #GreenNigeria

HM Edun drew from his experience to share insights on Nigeria’s capital market, particularly his contributions to developing financial ratings and the OTC market.

He also honoured the late Bode Agusto, recognising his pioneering work in establishing Nigeria’s ratings space, leaving a profound legacy in our financial sector.